Nanofiber materials - Global Market Outlook

According
to the publisher, the Global Nanofiber Market is expected to grow at a CAGR of
32.12% during the forecast period. Factors such as growing commercialization
due to the increasing end-user industrial applications, technological
innovation and continuous R&D investments are favouring the market growth.
However, stringent guidelines and high cost are some key factors hindering the
market growth.
Nanofibers are an exciting new class of fibers having the thickness less than
100 nanometre. Effective and special properties of nanofibers make them
suitable for a wide range of applications from manufacturing to consumer
products and medical to high-tech applications. They are also used for several
value added applications such as personal care, composites, garments,
insulation, filtration, medical and energy storage.
Based on product, polymer segment accounted for the significant market share
during the forecast period. Ease of access and low cost of a variety of natural
and synthetic polymers can be attributed to high demand. Versatile
compatibility of these products with electro spinning technique is the major
factor that improved its extensive scale acceptance among the dominant
producers. By geography, Asia Pacific is anticipated to register largest market
share due to growing concerns about the availability of clean drinking water
and fresh air. Ongoing R&D investments coupled with rising nanoscale
material prevalence in medical and electronics sectors are likely to steer
future investments in the region.
Some of the key players profiled in the Nanofiber market include
RevolutionFibres, NanoMas Technologies, Inc, Nanofiber Solutions, Met-Pro
Corporation, Johns Manville, Japan Vilene Co. Ltd., Irema-Filter GmbH,
Hollingsworth and Vose, HemCon Medical Technologies Inc., Finetex Technology,
FibeRio Technology Corp., eSpin Technologies Inc., Esfil Tehno AS, Elmarco,
DuPont, Donaldson Co. Inc., Clearbridge NanoMedics, Catalyx Nanotech Inc.,
Catalytic Materials LLC, Argonide Corp. and Ahlstrom Corp.